1. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act
Introduced February 9, 2021 by Congressman Jimmy Panetta (D-Carmel Valley)
The E-BIKE Act prioritizes electric bicycles as a zero-emission form of transportation by making them more affordable and accessible. The E-BIKE Act incentivizes the use of electric bicycles to replace car trips by creating a consumer tax credit that:
WHY THIS IS IMPORTANT:
One of the biggest barriers to e-bike ownership is the cost. This legislation would make it easier for more people from all socio-economic levels to own (and use!) e-bikes. A 2019 study found that 86% of commuters in the U.S. use a private car to move between home and work. Another recent study found that converting just 15% of these journeys to e-bike would result in a 12% drop in carbon emissions.
“By incentivizing the use of electric bicycles to replace car trips through a consumer tax credit, we can not only encourage more Americans to transition to greener modes of transportation, but also help fight the climate crisis.”
- Congressman Panetta
2. HR 384: The Bicycle Commuter Act of 2021
Introduced in January 2021 by Congressman Earl Blumenauer (D-Ore.)
If signed into law, the Bicycle Commuter Act would:
WHY THIS IS IMPORTANT: Currently, there is a commuter tax benefit for parking and transit, but not for biking to work. First enacted in 2009, the bicycle commuter benefit was a tax benefit that employers could offer to provide a reimbursement of up to $20/month for expenses relating to bicycle commuting expenses. The Tax Cuts and Jobs Act (P.L. 115-97), suspended the bicycle commuting reimbursement benefit through 2025, taking away a valuable financial incentive for people who choose to bike to work.
YOUR VOICE MATTERS:
Help make these benefits a reality by sending your representative a letter, asking them to support the E-BIKE Act and Bicycle Commuter Act today.